United Natural Foods Set to Join the S&P MidCap 400; Abiomed & Ixia to Join S&P SmallCap 600
PR Newswire
NEW YORK

NEW YORK, Dec. 17, 2012 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and the S&P SmallCap 600 indices after the close of trading on Friday, December 21:

  • S&P SmallCap 600 constituent United Natural Foods Inc. (NASD: UNFI) will replace AMERIGROUP Corp. (NYSE: AGP) in the S&P MidCap 400, and Ixia (NASD: XXIA) will replace United Natural Foods in the S&P SmallCap 600. S&P 500 constituent Wellpoint Inc. (NYSE: WLP) is acquiring AMERIGROUP in a deal expected to be completed soon pending final approvals.
  • Abiomed Inc. (NASD: ABMD) will replace Cascade Corp. (NYSE: CASC) in the S&P SmallCap 600. Toyota Industries Corp. is acquiring Cascade in a deal expected to be completed soon pending final conditions.                                               

United Natural Foods is an independent national distributor of natural, organic and specialty foods and related products. Headquartered in Providence, RI, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Food Distributors Sub-Industry index.

Ixia supplies converged network and application performance testing solutions. Headquartered in Calabasas, CA, the company will be added to the S&P SmallCap 600 GICS Communications Equipment Sub-Industry index.

Abiomed is a provider of medical devices that provide circulatory support. Headquartered in Danvers, MA, the company will be added to the S&P SmallCap 600 GICS HealthCare Equipment Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – December 21, 2012

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

United Natural

Foods

Consumer Staples

Food Distributors

DELETED

AMERIGROUP

Health Care

Managed Health Care

 

S&P SMALLCAP 600 INDEX – December 21, 2012

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Ixia

Information Technology

Communications Equipment

 

Abiomed

Health Care

Health Care Equipment

DELETED

United Natural

Foods

Consumer Staples

Food Distributors

 

Cascade

Industrials

Construction & Farm

Machinery & Heavy Trucks

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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Dave Guarino
Communications
S&P Dow Jones Indices
dave_guarino@spdji.com
(201) 755-5334

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david_blitzer@spdji.com
(917) 376-1204

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